The Ministry of Corporate Affairs (MCA) has announced a significant compliance relief for Limited Liability Partnerships (LLPs) by allowing them to file key statutory returns without incurring late fees until June 30, 2025. This move is part of the government’s broader effort to support businesses recovering from operational disruptions and to encourage voluntary compliance. The relaxation applies to all LLPs that failed to file their Form 11 (Annual Return) and Form 8 (Statement of Account & Solvency) for previous financial years but are willing to update their filings within the grace period.

As per the circular issued by the MCA, no additional fee will be levied on forms that are filed within the extended window, provided the defaulting LLPs submit accurate and complete documentation. This amnesty-like scheme is expected to benefit thousands of small and medium-sized LLPs across India that were previously deterred by high late filing penalties. The MCA clarified that this is a one-time opportunity and that strict penalties will resume after the June deadline, urging LLPs to take immediate action to regularize their filings.

The online MCA portal has been updated to reflect this change, allowing eligible LLPs to file past due forms seamlessly. Firms are encouraged to verify their pending filings, ensure DSCs are valid, and submit forms before the cut-off date to avoid penalty exposure. Legal experts view this initiative as a positive step toward fostering compliance and improving the country’s corporate governance environment, especially among non-corporate business entities like LLPs, which often face procedural challenges.